Looking to level your DUAL Asset game on YouHodler but not sure how to?
Click here for a quick tip on DUAL! ⤵️⤵️⤵️
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DISCLAIMER: This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
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DUAL Asset is recommended to be used when:
1) You WANT to own the coin, but you DON'T have to own it now.
2) You strongly believe in the future of the coin and are ready to hodl it long-term even if it falls below your buy value.
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DUAL can be your greatest weapon in a ranging market as it ensures you earn a guaranteed yield no matter where the market moves and your intentions.
Additionally, you earn interest on your DUAL assets whilst using the feature! 😲
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DUAL considers the following:
- You want to keep a large % of your portfolio in stables
- You want to deploy your stables, but are not sure if it's a good time to do so,
- You want to own a coin, but it might drop in value leaving you with lesser value to the coin.
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Therefore, you enter a position in ETH/USDT at the current price, using USDT at the current price.
If ETH 📈 above your trigger price, you collect your capital + USDT interest.
If ETH 📉 below your trigger price, you collect your capital + interest in ETH.
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REMINDER:
Use DUAL only when you want to own the coin and have serious conviction in its future!
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Alternatively, you can also use DUAL for when you WANT to sell the coin now, but DON'T have to really sell it now as you will be happy to add to that coin's portfolio if the value falls below the trigger point you chose.
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If you prefer videos instead, you can refer to our YouTube Video here:
youtube.com/watch?v=Dsdd-tZQttw
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YouHodler
@YouHodler
A FinTech platform created to help people to buy, sell, exchange, stake, or trade crypto with ease in one place.